Recruiter.com closes sale of website to Job Mobz for $1.39M; settles $720K debt with 720K shares

Nixxy, Inc.

Completed sale of www.recruiter.com and associated IP to Job Mobz for total cash consideration of $1,393,430.
$1,379,496 allocated to close out Master Referral Agreement; $13,934 for IP acquisition.
Repaid senior debt: $684,552 cash to Montage; issued 720,000 shares to settle $720K remaining balance.
CEO Granger Whitelaw says transaction strengthens balance sheet and provides flexibility for future initiatives.
Investor communications transitioning over next 30 days due to website sale; new investor site to be launched.

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